### Key Findings of TRX Gold’s Metallurgical Study
TRX Gold’s completion of the metallurgical variability study at the Buckreef Gold Project confirmed excellent gold recovery rates for sulphide ore processing. The study revealed that gold recovery rates increased from 81.2% to 92.5% as grind size became finer. This aligns with the current operational performance, where recovery rates range from 79.9% to 87.0%.
### Implications for Future Operations
The results of the study indicate a positive outlook for TRX Gold’s future operations. By achieving high gold recovery rates for sulphide ore, TRX Gold can potentially increase revenue through improved gold recovery, optimize margins by refining the milling process, reduce capital intensity for expansions, and extend mine life. These findings validate TRX Gold’s expansion strategy and suggest strong project economics.
### Plans for Improving Gold Recovery
TRX Gold plans to develop finer grinding initiatives to achieve gold recoveries above 90% for sulphide ore. They are considering upgrading the existing Buckreef Process Plant flowsheet to include rougher flotation and subsequent regrinding of the flotation concentrate. By implementing these initiatives, TRX Gold aims to strike a balance between recovery rates and profitability.
### Additional Insight
The consistent tailings grade regardless of head grade at current grind sizes further supports the benefits of finer grinding. This knowledge enables more accurate forecasting and potentially improved economic modeling for future expansions. Additionally, the potential application of these findings to other high-priority gold zones on the property could lead to significant resource growth if similar processing efficiencies are achieved across different zones.
